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AIG Said Considering Duperreault Among Options For CEO Role

American International Group Inc. is weighing a plan to hire Brian Duperreault as the company’s seventh chief executive officer since…

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Wal-Mart E-Commerce CEO Gets US$244 Million In Pay After Jet Deal

Wal-Mart Stores Inc. executive Marc Lore reaped an astronomical US$243.9 million in compensation last year, fueled by shares he received…

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Demi Moore Sells Central Park ‘Floating Mansion’ For US$45 Million

Actress Demi Moore has finally sold her sprawling Central Park West triplex for a hefty US$45 million, according to New…

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Trading Firm Virtu Financial To Buy Rival KCG For US$1.4 Billion

Virtu Financial Inc (VIRT.O) said it would buy rival KCG Holdings Inc (KCG.N) in a US$1.4 billion deal that brings…

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Ivanka Trump Says She Will Donate Book Proceeds To Charity

Ivanka Trump said on Thursday that she would donate the unpaid portion of her advance for writing a book called…

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Australia's Macquarie Group To Buy UK Green Investment Bank

The U.K. government sold Green Investment Bank PLC for £2.3 billion (US$2.94 billion) Thursday to a consortium led by Australian…

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French Billionaire Xavier Niel Invested In UK Carer Start-Up Cera

Cera, a startup which matches carers to patients, has raised £1.4 million (US$1.8 million) in seed funding from investors including…

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UniCredit Vice Chairman Luca Cordero Di Montezemolo Resigns

UniCredit SpA Vice Chairman Luca Cordero di Montezemolo resigned from his post Thursday, as the Italian bank moves forward with…

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Cardinal Health To Buy Medical Supplies Business From Medtronic

Medtronic PLC is selling a large portion of its hospital supplies business for US$6.1 billion in a deal that focuses…

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